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To: Wally Mastroly who wrote (3447)2/23/1999 9:24:00 AM
From: Wally Mastroly  Respond to of 15132
 
Just something to think about: "Stock trading nears pace of '29 crash "

NEW YORK - Stocks are changing hands at a pace not seen since the year
of the 1929 crash as more investors confuse brains with a bull market and turn into traders. Driven by a combination of phenomenal returns, low trading costs and easy access, the anything.com frenzy has heightened speculation across Wall Street. Turnover on the New York Stock Exchange in 1998 reached 76% - the highest level since it hit 119% in 1929 - and urged to an annualized 89% in January.

usatoday.com